Pacifica Host Hotels Pays $47MM for 194-Room Element by Marriott Milpitas

The San Diego-based owner-operator picks up Silicon Valley's largest new hotel debut of 2022 from developer Dynamic City Capital, takes over operations June 27 and retains all 42 employees as it deepens its Northern California footprint. Pacifica Host Hotels has acquired the Element by Marriott San Jose Milpitas for $47 million, or approximately $242,268 per […]